user
Write a response that appropriately completes the request.

### Instruction:
Explain what is the Pareto Principle

### Response:
assistant
The Pareto Principle, also known as the 80/20 rule, states that roughly 80% of the effects come from 20% of the causes. It is a principle of economics and business that suggests that 80 percent of outcomes are derived from 20 percent of inputs. This principle is used in various fields such as wealth distribution, business, population dynamics, and project management.